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    16 Wheeler Ave Malone, NY 12953

    Sponsored
    For Sale
    $570,000

    0.91-acre retreat center; 17 bedrooms, 8 baths

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.91-acre commercial property in Malone, New York, presents a unique investment opportunity. Located near the Canadian border, the property features a completely renovated retreat center with 17 bedrooms, many equipped with sit-stand desks, and 8 bathrooms. A commercial kitchen is also included. All necessary permits are current, ensuring a smooth transition for the new owner. The versatile space is ideal for a variety of uses, including short-term rentals, sober living facilities, co-living spaces, artist and creator retreats, or corporate team-building facilities. The property's proximity to the Canadian border offers additional potential for attracting a diverse clientele. Seller financing may be available for qualified buyers, making this an attractive option for those seeking flexible payment terms. The existing infrastructure and permits significantly reduce the time and cost associated with starting a new venture. This property offers a rare chance to acquire a fully operational and permitted facility with significant potential for high returns. The property is ready for immediate use, minimizing the need for extensive renovations or permitting processes. Contact us to schedule a showing and explore the possibilities.

    Property Features for 16 Wheeler Ave

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • Completely renovated retreat center near the Canadian border.
    • 17 bedrooms, 8 bathrooms, many bedrooms with sit‑stand desks.
    • Commercial kitchen.
    • All permits current.
    • Ideal for short‑term rentals, sober living, co‑living, or corporate retreats.
    • Seller financing may be considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Focus Retreat Center Retreat Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malone
    County
    36033
    State
    New York
    Longitude
    -74.2880189
    Latitude
    44.8505593

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    FAQs

    What type of property is this?
    Land - 0.91-acre retreat center; 17 bedrooms, 8 baths
    Where is this land located?
    The property is located at 16 Wheeler Ave Malone, NY.
    What is the asking price?
    The asking price for this property is $570,000.
    What are key features of this property?
    This property features: Completely renovated retreat center near the Canadian border.; 17 bedrooms, 8 bathrooms, many bedrooms with sit-stand desks.; Commercial kitchen.
    Request Owner's contact information
    16 Wheeler Ave Malone, NY 12953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Wheeler Ave Malone, NY 12953
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